MIKE AITKEN TO PROVIDE A KEYNOTE ADDRESS AT AFR INNOVATION SUMMIT

CMCRC CEO Mike Aitken’s talk “The Digital Exchange: No Blockchain Required” will profile CMCRC latest innovation known as digi.cash (www.digicash.com). Digi.cash is a technology that creates Digital Bearer Instruments as part of creating a more efficient secondary market in any asset exchange. Once digitised, the digital tokens representing assets like cash and shares can be included with bid and ask entering a secondary market and the cost of settlement and its related systemic risks eliminated from secondary markets. This contrasts with blockchain, the professed aim of which is to reduce clearing and settlement by a 10-20%.